ARTICLE
12 April 2019

Circular To Credit Institutions And Branches On Changes To Submissions Of ITS On Supervisory Reporting Date

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Ganado Advocates

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Ganado Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime/aviation sectors, predominantly servicing international clients doing business through Malta. The firm also promotes other areas such as tax, pensions, intellectual property, employment and litigation.
On 22 March 2019, the MFSA issued a circular to all credit institutions and branches relating to changes to be implemented by entities when submitting ITS on Supervisory Reporting data to the Authority.
Malta Finance and Banking

On 22 March 2019, the MFSA issued a circular to all credit institutions and branches relating to changes to be implemented by entities when submitting ITS on Supervisory Reporting data to the Authority. The circular focuses mainly on the reporting requirements and applicable templates, the XBRL file naming convention and the ZIP file naming conventions. It is key to highlight that the Authority expected the respective institutions to abide by the new sets of obligations and procedures outlined in the same circular.

Circular

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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